Hindustan Unilever CEO Rohit Jawa has announced that the company will separate its ice cream business, including popular brands like Kwality Walls, Cornetto, and Magnum.

This decision is in line with the parent company Unilever PLC's previous announcement regarding the separation of its global ice cream operations.

Jawa emphasized that the ice cream segment is experiencing strong growth but requires significant investment and operates on low margins.

He also noted that the ice cream business has limited synergies with Hindustan Unilever's grocery operations, particularly in traditional retail settings like kirana stores.

This highlights the unique challenges and dynamics of the ice cream market compared to the broader FMCG landscape in India.